Description

NSE notifies the listing of 7 privately placed debt securities from Akme Fintrade, Torrent Pharmaceuticals, Toyota Financial Services, and Cholamandalam Investment, effective January 22, 2026.

Summary

NSE has admitted 7 privately placed debt securities to trading on the Capital Market segment effective January 22, 2026. The securities include debentures from Akme Fintrade (India) Limited, Torrent Pharmaceuticals Limited (4 series), Toyota Financial Services India Limited, and Cholamandalam Investment and Finance Company Limited. All securities have a market lot size of 1 and are designated with specific security codes for trading purposes.

Key Points

  • 7 new debt securities listed on NSE Capital Market segment
  • Companies: Akme Fintrade, Torrent Pharmaceuticals (4 series), Toyota Financial Services, Cholamandalam Investment
  • Market lot size: 1 unit for all securities
  • Coupon rates range from 7.14% to 11.50%
  • Maturity dates span from January 2028 to January 2031
  • Securities will be identified by designated codes for trading

Securities Details

Akme Fintrade (India) Limited

  • Symbol: 1150AFIL29 | Coupon: 11.50% | Maturity: January 19, 2029 | ISIN: INE916Y07073

Torrent Pharmaceuticals Limited

  • Symbol: 745TOPL28 | Coupon: 7.45% | Maturity: January 19, 2028 | ISIN: INE685A07132
  • Symbol: 760TOPL29 | Coupon: 7.60% | Maturity: January 19, 2029 | ISIN: INE685A07157
  • Symbol: 770TOPL30 | Coupon: 7.70% | Maturity: January 18, 2030 | ISIN: INE685A07165
  • Symbol: 780TOPL31 | Coupon: 7.80% | Maturity: January 17, 2031 | ISIN: INE685A07173

Toyota Financial Services India Limited

  • Symbol: 714TFSIL28 | Coupon: 7.14% | Maturity: January 10, 2028 | ISIN: INE692Q07639

Cholamandalam Investment and Finance Company Limited

  • Symbol: 773CIFCL31 | Coupon: 7.73% | Maturity: January 20, 2031 | ISIN: INE121A07SQ1

Regulatory Changes

No regulatory changes introduced. This circular implements existing regulations:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A - admission of securities to dealings
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A - lot size specifications

Compliance Requirements

  • All members must use designated security codes for trading these securities
  • Trading must be conducted in the specified lot sizes (1 unit for all listed securities)
  • Securities applicable for trading from the effective date specified

Important Dates

  • Circular Date: January 21, 2026
  • Effective Date: January 22, 2026
  • Maturity Dates: Range from January 10, 2028 to January 20, 2031 depending on the security

Impact Assessment

Market Impact: Minimal. This is a routine listing notification for privately placed debt securities. The listing provides liquidity options for investors holding these instruments but does not affect equity markets or broader trading operations.

Operational Impact: Low. Members need to update their systems with new security codes and lot sizes, which is a standard operational procedure.

Investor Impact: Positive for debt security holders as it provides a secondary market trading platform for these privately placed instruments.

Impact Justification

Routine administrative circular listing privately placed debt securities with no impact on equity trading or regulatory changes